Economic Data Puts the EUR, Pound, and US Dollar in the Spotlight

It was a relatively busy start to the day on the economic calendar this morning. The Kiwi Dollar and the Aussie Dollar were in action early this morning. For the Kiwi Dollar Employment figures were in focus this morning. In the 1st quarter, employment increased by 0.6%, following a 0.6% rise in the 4th quarter of last year. Economists had forecast a 0.2% rise. According to NZ Stats, The unemployment rate fell from 4.9% to 4.7% in the March quarter, easing further back from a Q3 peak of 5.2%. While easing back, however, the unemployment remained high compared with recent years. The underutilization rate increased by … (full story)

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